Symphony Financial Ltd. Co. Has $1.99 Million Stake in First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM)

Symphony Financial Ltd. Co. decreased its stake in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) by 25.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,367 shares of the company’s stock after selling 11,127 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in First Trust Enhanced Short Maturity ETF were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. International Assets Investment Management LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 3,702.2% during the 4th quarter. International Assets Investment Management LLC now owns 2,990,367 shares of the company’s stock valued at $178,405,000 after acquiring an additional 2,911,719 shares in the last quarter. First Trust Advisors LP lifted its stake in First Trust Enhanced Short Maturity ETF by 821.2% during the 4th quarter. First Trust Advisors LP now owns 1,731,013 shares of the company’s stock valued at $103,272,000 after acquiring an additional 1,543,108 shares in the last quarter. Global Assets Advisory LLC lifted its stake in First Trust Enhanced Short Maturity ETF by 5,869.7% during the 1st quarter. Global Assets Advisory LLC now owns 783,406 shares of the company’s stock valued at $46,707,000 after acquiring an additional 770,283 shares in the last quarter. Hansen & Associates Financial Group Inc. bought a new position in First Trust Enhanced Short Maturity ETF during the 4th quarter valued at $36,551,000. Finally, Avestar Capital LLC raised its stake in shares of First Trust Enhanced Short Maturity ETF by 1.4% during the 4th quarter. Avestar Capital LLC now owns 512,691 shares of the company’s stock worth $30,695,000 after purchasing an additional 7,083 shares during the period.

First Trust Enhanced Short Maturity ETF Trading Up 0.1 %

Shares of NASDAQ FTSM traded up $0.03 during mid-day trading on Friday, reaching $59.60. 815,427 shares of the company’s stock were exchanged, compared to its average volume of 837,999. First Trust Enhanced Short Maturity ETF has a 52 week low of $59.40 and a 52 week high of $59.94. The firm has a 50-day moving average price of $59.72 and a two-hundred day moving average price of $59.73.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Friday, June 28th will be issued a $0.245 dividend. This represents a $2.94 annualized dividend and a yield of 4.93%. The ex-dividend date of this dividend is Friday, June 28th.

First Trust Enhanced Short Maturity ETF Company Profile

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.